British Waterways Act 1995

3 The policy shall not by virtue of this Act be required—

(a) to cover liability in respect of the death, arising out of and in the course of his employment, of a person in the employment of a person insured by the policy or of bodily injury sustained by such a person arising out of and in the course of his employment;

(b) to cover liability in respect of damage to the vessel to which the policy relates;

(c) to cover liability in respect of goods carried on or in the vessel to which the policy relates, or any vessel drawn or propelled by such vessel;

(d) to cover any liability of a person in respect of damage to property in his custody or under his control;

(e) to cover any contractual liability; or

(f) to provide cover in respect of any one accident for a sum in excess of such sum as may for the time being be prescribed by the Board for the purposes of this paragraph.